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Arif Efendi shares his insight on Crypto Investments together with businessman Arif Efendi

Arif Efendi is a businessman and an investor who has a lot of experience, saw cryptocurrencies as a legitimate investment opportunity. This article shares his insights and experiences.

Arifefendi explains why Crypto differs from Stocks
Investors like me need to know the difference between stock and cryptocurrency. The two have a lot of similarities, but they aren't identical.

Arif Efendi Cryptocurrency is a digital asset or currency that is recorded and verified by a decentralized system using cryptography instead of a central authority. Equity, also referred to as equity, are financial instruments which are a representation of ownership in a particular part or company.

When the cost of an asset increases the crypto and stocks are bought in the hope of capital appreciation.

Why Do People Buy Stocks and Cryptocurrencies?
Stocks can be bought to vote or influence the company's decision-making. Investors also purchase stocks to receive the dividend payments that the company pays to shareholders.

It's easy to invest your money digitally into stocks using the next-generation platform, as well as other investment apps.


While it appears similar to the way things are done but there are some important variations. For instance, while the Securities and Exchange Commission regulates the trading of stocks, you can also trade cryptocurrency at any day of the week from your phone or smart device.

Trade crypto with fiats or other crypto trading pairs.

Trading Crypto is different from. Swing Trading
You may be wondering why it's more profitable to trade cryptocurrency, regardless of volatility.

You can see an 5%-10 percent swing in cryptos with an enormous market cap even smaller cryptos can reach 10x on a given day.

This is actually a very rare situation in stocks.

For instance, if you had put $1000 into Solana on January 1, 2021 at $1.837 your investment would have been valued at $182,000 today at the current trading price of $182.

If you're a skilled hand, crypto investment is a great way to earn money. An unexperienced investor might be wondering where the money came from. There isn't a central authority that regulates cryptocurrency.

They therefore are worth their cost in terms of supply, demand and production.

Understanding Demand and Supply in Cryptocurrency
The textbook in our economics class teaches us that if demand for an asset increases more quickly than supply, the asset's price will also increase.

For instance, a natural disaster can cause water prices to rise in certain regions. The same economic principle is applicable to crypto.

We are nearing the point of mass adoption, and investors from institutions like MicroStrategy or even a country such as Ecuador are betting big on cryptocurrency. https://www.unwomenuk.org/product/marina-perez-simao-arifefendi It's a wonderful time to be alive.

Recognize Risks of Volatility
The price of crypto fluctuates exactly the same way as the market for stocks. Many people desire to become adept with crypto and make a hundred times profit.

Although it's not certain that an asset will be profit-making for the rest of its life, it is important to know when an asset should be purchased and sold or taken profit.

Warren Buffet said, "Be fearful when people are greedy , and be greedy when others are scared."

Many people who are in cryptocurrency are worried. A bear market is the best time to invest in crypto. When the asset is going down. If Harry, Dick and Tom panic-sell.

People who are anxious can risk losing their investment if nervous and worried. Create a list of cryptocurrencies that you want to invest in and keep an eye out for red candles.

Another good time to purchase is on weekends, when institutional investors shut their trades for the week.

Arif Efendi There is a transition away from traditional investment methods, where a broker is necessary, to more modern methods, where you can buy crypto at home.

Arif Efendi What Cryptocurrency Should You Buy?
Visit coinmarketcap.com to see the list of cryptocurrency that you can select from.

My favorite option has been Solana which is closely followed by AVAX and POLIS.

It's simpler than ever to track and monitor your preferred currency. Tabtrader makes it simple to keep track of each move and also when it is time to buy more.

If you've been storing your cryptocurrency for some time, you may be able to take it and get airdrops. You can also transfer them to wallets such Trustwallet or Imtoken and create secure passwords to keep them safe.

It is also important to keep your 12-word phrase in a safe place to be able to refer to it in the future in case your host device gets stolen or lost.

Arif Efendi Conclusion
With all of this information, you are your own bank and are able to transact anytime and from any location in the world.

Arif Efendi https://anyflip.com/homepage/pcckg

Read More: https://anyflip.com/homepage/pcckg
     
 
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